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A thread 🧵
Bitcoin’s top in October 2025 arrived right on schedule. Will the bottom do the same?
After each halving, the peak has come 525 to 546 days later, three cycles running. This one hit at 534.
The bottoms have been just as regular, and based on this clock, we are not there yet.
For the first time in the two years they have traded, $BTC and $ETH ETF flows have split.
They moved together through every swing. Since mid-July, bitcoin has taken redemptions while Ether has kept its inflows.
The two largest assets are no longer trading in sync.
Solana validators spend ~75% of block space voting on-chain. Most of the network is talking to itself.
@anza_xyz's Alpenglow aims to cut that overhead, reducing finality from 12.8s to 100–150ms.
Is this @solana's real-time finance moment?
Rates held at 3.5-3.75%, but this was a hawkish hold.
Three officials voted to hike, the first triple dissent since 2016.
The US 30Y yield hit 5.21%, its highest in almost 20 years, leaving risk assets exposed.
The test now is whether $BTC follows equities lower.